Below are the complete branch details for IDBI Bank, SHRIRAMPUR branch, located in SHRIRAMPUR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is IBKL0000523. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IBKL0000523 for IDBI Bank – SHRIRAMPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For IDBI Bank's SHRIRAMPUR branch, the IFSC IBKL0000523 breaks down as follows: IBKL identifies the bank, 0 is the reserved character, and 000523 identifies this particular branch.
Bank profile
IDBI Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Shrirampur branch — IFSC IBKL0000523 — extends the bank's services to customers in and around Shrirampur, Maharashtra.
About the Shrirampur branch
The Shrirampur branch of IDBI Bank is situated at AYODDHYA, NEAR SHRIRAM MANDIR, WARD NO.5, P B NO.91, SHRIRAMPUR, PINCODE - 413709. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IBKL0000523 is used.
Branch details at a glance
| Bank Name | IDBI Bank |
|---|---|
| Branch | Shrirampur |
| IFSC Code | IBKL0000523 |
| MICR Code | Refer to cheque leaf |
| Branch Address | AYODDHYA, NEAR SHRIRAM MANDIR, WARD NO.5, P B NO.91, SHRIRAMPUR, PINCODE - 413709 |
| City | Shrirampur |
| District | Ahmednagar |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9075880139 |
Why every IDBI Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including SHRIRAMPUR of IDBI Bank — its own 11-character IFSC. The code IBKL0000523 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IBKL0000523 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by IDBI Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IBKL0000523 and the account number together uniquely identify the Shrirampur branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IBKL0000523
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IBKL0000523 across all three.
NEFT to IDBI Bank, SHRIRAMPUR using IFSC IBKL0000523
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IBKL0000523, and confirm that the system picks up IDBI Bank – SHRIRAMPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SHRIRAMPUR
If you need to transfer ₹2 lakh or more in one go to an account at IDBI Bank's SHRIRAMPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IBKL0000523 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to IDBI Bank – SHRIRAMPUR, use IMPS. With IFSC IBKL0000523 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IBKL0000523 for IDBI Bank – SHRIRAMPUR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IBKL0000523 | Yes – IBKL0000523 | Yes – IBKL0000523 |
For most retail customers crediting the Shrirampur branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at IDBI Bank's SHRIRAMPUR branch, the IFSC IBKL0000523 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Shrirampur branch is mapped to IFSC IBKL0000523 on the RBI payments network. The branch generally supports the full retail product catalogue of IDBI Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IBKL0000523.
Products and services
Customers walking into the Shrirampur branch can access most of IDBI Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IBKL0000523
Digital banking channels
Most day-to-day work that customers used to do at the Shrirampur branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IBKL0000523 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
How to reach the Shrirampur branch
The branch is located at AYODDHYA, NEAR SHRIRAM MANDIR, WARD NO.5, P B NO.91, SHRIRAMPUR, PINCODE - 413709, which puts it inside Shrirampur, the broader Ahmednagar district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “IDBI Bank Shrirampur branch” — the verified location pin for IFSC IBKL0000523 should appear at the top of the results.
- Confirm the branch is open by calling 91-9075880139 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IBKL0000523 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to IDBI Bank – SHRIRAMPUR:
- The IFSC is exactly IBKL0000523 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills IDBI Bank as the bank name and SHRIRAMPUR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Shrirampur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IBKL0000523, however, work 24x7.
Verifying IFSC IBKL0000523 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IBKL0000523 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9075880139.
- Visiting the bank's official branch locator page.
Branch address & contact
IDBI BankShrirampur Branch
AYODDHYA, NEAR SHRIRAM MANDIR, WARD NO.5, P B NO.91, SHRIRAMPUR, PINCODE - 413709
Shrirampur, Maharashtra
Phone: 91-9075880139
IFSC: IBKL0000523
Frequently asked questions
Is IFSC IBKL0000523 the same for all accounts at Shrirampur branch?
Yes. The IFSC IBKL0000523 is shared by every account held at IDBI Bank's Shrirampur branch. Only the account number changes from customer to customer.
What is the IFSC code of IDBI Bank Shrirampur branch?
The IFSC code of IDBI Bank, Shrirampur branch is IBKL0000523. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Shrirampur branch but serve different purposes.
How quickly will an NEFT transfer using IBKL0000523 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDBI Bank – Shrirampur reflect within 30 minutes.
Is IFSC IBKL0000523 valid for NEFT and RTGS?
Yes. IFSC IBKL0000523 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is IDBI Bank Shrirampur branch located?
IDBI Bank's Shrirampur branch is located at AYODDHYA, NEAR SHRIRAM MANDIR, WARD NO.5, P B NO.91, SHRIRAMPUR, PINCODE - 413709, Shrirampur, Maharashtra.
How do I add IDBI Bank Shrirampur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IBKL0000523, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: IBKL0000523 is the IFSC code of IDBI Bank, SHRIRAMPUR branch, in SHRIRAMPUR, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
